Alameda County Employees' Retirement Association's investment committee recommended two new commitments totaling up to $75 million, said recently released investment committee minutes.
The $6.5 billion Oakland, Calif.-based pension fund's committee recommended commitments of up to $50 million to OHA Strategic Credit Fund II, a distressed debt fund managed by Oak Hill Advisors, and up to $25 million to core-plus real estate fund Clarion Lion Industrial Trust, managed by Clarion Partners.
Agnes Ducanes, administrative specialist in the investments department, referred questions to Mike Fara, pension fund spokesman, who could not immediately provide further information.
